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Evergrande EV warns of losing key assets as local governments demand subsidy repayment
Reuters· 6 days ago, opens new tab faces the risk of losing assets such as land and equipment, the company said on...
Evergrande’s founder sells Hong Kong mansion after 44% discount
South China Morning Post· 5 days agoOvernight, Evergrande’s car-making unit was ordered to return 1.9 billion yuan (US$261.9 million) it...
Evergrande EV unit's shares fall on order to repay over $260m in subsidies
Nikkei Asian Review· 6 days agoTianjin factory told to suspend production, sales of new cars as pressure builds
Shares of Evergrande’s EV Unit Slide After Order to Repay Subsidies
The Wall Street Journal· 6 days agoChinese authorities have ordered Evergrande Auto to repay government subsidies due to its failure to...
Evergrande’s dud carmaker dives on US$262 million refund order
South China Morning Post· 6 days agoThe company failed to fulfil its obligation to set up a headquarters, and did not meet its...
Opinion | In China’s changing economy, companies need new skills to stay on top
South China Morning Post· 5 days agoRecent conversations with Chinese CEOs and entrepreneurs indicate a lack of confidence in the short...
Shares of Evergrande EV unit slide 27% after it warns of losing assets
Reuters· 6 days agoShares of China Evergrande New Energy Vehicle Group plunged 27% on Wednesday after it said it faces...
China banks walk narrow path past property crisis
Reuters· 4 days agoChina's major banks appear to have pulled off an impressive feat. Real estate directly and indirectly accounts for an estimated 159 trillion yuan of...
Chinese Developer Troubles Deepen as Dexin Gets Liquidated
Bloomberg via Yahoo Finance· 6 days ago...OpenAI Is Integrated Into OSApple Hits Record After Unveiling ‘AI for the Rest of Us’ PlanNYC...
Dexin joins list of Chinese developers ordered to liquidate in Hong Kong
South China Morning Post· 6 days agoThe wave of petitions for liquidation against Chinese home builders follows a slew of defaults that...